MTB BANK
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 Banks, head office in Odesa, 2021 | |
| Company type | Public joint-stock company |
|---|---|
| Industry | Banking, investment |
| Founded | 1993 |
| Headquarters | , |
Key people | Yuriy Kralov (Chairman of the board), Igor Zgurov (Chairman of the Supervisory Boar) |
| Services | Financial services |
| Revenue | Equity ₴ 953 million (2020)[1] |
 ₴122 million (2020)[1] | |
Number of employees | 950 |
| Website | mtb |
MTB BANK (Ukrainian: МТБ БАНК) is a commercial bank in Ukraine, which was founded on November 5, 1993 as the open joint stock company Marfin Bank. Since June 2017, the bank has been managed by board chairman Yuriy Kralov and supervisory board chairman Igor Zgurov.
The bank was rebranded and was renamed as public joint stock company MTB BANK in 2017. License of the National Bank of Ukraine No.66 dated 19 March 2018. The authorized capital of MTB BANK PJSC is ₴635 million. MTB BANK is the authorized bank of the Pension Fund of Ukraine. MTB BANK has its headquarters in Odesa, in southern Ukraine.
License of the National Bank of Ukraine No.66 dated 19 March 2018. The equity of MTB BANK PJSC is ₴953 million.[2] The assets of MTB BANK are ₴11,097 billion.[citation needed]
MTB BANK is the authorized bank of the Pension Fund of Ukraine[3](in Ukrainian).
History[edit]
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The Bank was established by the decision of the Constituent Assembly on 15 September 1993 (Protocol No.1) and was registered by the National Bank of Ukraine on 5 November 1993, under No. 207 as the interregional joint stock bank MiDO.[4]
Name of the interregional joint stock bank MiDO was changed into the joint stock commercial bank MORTORGBANK at the extraordinary general meeting of Shareholders (Protocol No. 6 dated 10 November 1994).[citation needed]
Name of the Joint Stock Commercial Bank MORTORGBANK was changed into the joint stock commercial bank MARINE TRANSPORT BANK at the General Meeting of Shareholders of the Bank (Protocol No. 9 dated 19 January 1996).[5]
Name of the Joint Stock Commercial Bank MARINE TRANSPORT BANK was changed into the open joint stock company MARINE TRANSPORT BANK at the general meeting of shareholders of the bank (Protocol No. 20 dated 26 October 2002).[citation needed]
Name and type of the open joint stock company MARINE TRANSPORT BANK was changed into the public joint stock company MARFIN BANK at the General Meeting of Shareholders (Protocol No. 36 dated 8 July 2010).[citation needed]
According to the decision of the extraordinary general meeting of shareholders (Protocol No. 56 dated 28 December 2017), the name of the public joint stock company MARFIN BANK was changed into a public joint stock company, MTB BANK.[citation needed]
Such changes did not affect the organizational and legal form of management of the bank and did not require the termination of the bank as a joint stock company according to the legislation of Ukraine that was in force on the date of the above changes.[citation needed]
Public joint stock company MTB BANK is a legal successor of all rights and obligations of public joint stock company MARFIN BANK, Open Joint Stock Company MARINE TRANSPORT BANK, joint stock commercial bank MARINE TRANSPORT BANK, joint stock commercial bank MORTORGBANK and interregional joint stock bank MiDO.[citation needed]
Public joint stock company MTB BANK is the legal successor of all property, cash, rights and obligations of the public joint stock company COMMERCIAL BANK "Center", registered by the National Bank of Ukraine on 14 June 2010, for No. 334, due to reorganization of COMMERCIAL BANK "Center" by joining the public joint stock company MTB BANK. Permission for reorganization by simplified procedure was given by the National Bank of Ukraine (Order of the National Bank of Ukraine No.477 10 August 2018).[citation needed]
Membership in interbank associations[edit]
Public joint stock company MTB BANK is a member/participant of interbank associations, stock exchanges, associations and international organizations:
- Deposit Guarantee Fund for Individuals.
- International payment system MasterCard Worldwide (affiliate member).[6]
- International payment system Visa International Inc. (associate member).[7]
- UnionPay International.
- Ukrainian Interbank Association of Payment Systems Members.[8]
- Partner of Western Union.[9]
- Ukrainian Stock Traders Association.[10]
- Professional Association of Capital Markets and Derivatives.[11]
- "Settlement Center" PJSC.[12]
- National Depository of Ukraine.[13]
- Society for Worldwide Interbank Financial Telecommunication.
- Thomson Reuters.
- Authorized Bank of the Pension Fund of Ukraine.
- Independent Association of the Banks of Ukraine.[14]
Deposit rating[edit]
MTB BANK PJSC has maintained high positions of deposit and credit ratings assigned by the specialized independent rating agency Credit-Rating[15] for several years.
The rating of bank deposits' reliability is at the level of "5" (the highest level). MTB BANK, PJSC received it on 24 February 2009. Since then, the monthly rating is confirmed at the same level. The ratings are constantly updated. This rating is the highest assessment of the bank deposits' reliability. It was developed to protect depositors and to increase their awareness of banking institution's reliability. The Bank does not use refinancing of the National Bank of Ukraine (including stabilization loans).[citation needed]
Credit rating[edit]
The long-term credit rating of MTB BANK PJSC was assigned on 29 May 2007. Over the years, the bank's credit rating has risen to "uaAA". The forecast is stable. A [credit rating] is an assessment of a borrower's financial condition and is an independent opinion of the rating agency on its credit worthiness. This rating is assigned according to the National Rating Scale.[16]
Sponsorship and philanthropy[edit]
MTB BANK PJSC has been the premium partner of the International [Music Festival] Odesa Classics[17] and the sponsor of the annual art festival Velvet Season at the Odesa Opera and Ballet Theatre[18] for many years.
MTB BANK PJSC also sponsors the annual Black Sea Ports Cup and Black Sea Cup [regatta |regattas],[19] professional international tennis tournaments under the auspices of the [ITF].
It provides financial support to the Monsters Corporation[20] [charity organization] and participates in fighting COVID-19 projects.[citation needed]
Awards and honors[edit]
2009 – Bank with a high level of business openness and transparency (First National Competition Bank of the Year 2009 according to the magazine [Banker]).[21]
2011 – European Quality Award of the International Socratic Committee of the European Business Assembly (Oxford, UK).[22]
2016 – Bank – a reliable partner in the world of business VIII All-Ukrainian competition BANK OF THE YEAR – 2016.[23]
References[edit]
- ^ a b "Key performance indicators of the PJSC MTB BANK". National Bank of Ukraine. 2021.
- ^ "MTB BANK equity". Prostobank. 2021.
- ^ "Authorized banks through which pensions and cash benefits are to be paid". Pension Fund of Ukraine. 2021.
- ^ "Банки - учасники Фонду гарантування вкладів фізичних осіб - архів станом на 06.07.2021". www.fg.gov.ua (in Ukrainian). Retrieved 20 August 2022.
- ^ "Уповноважені банки, через які має здійснюватись виплата пенсій, грошової допомоги у 2022 році". Пенсійний фонд України (in Ukrainian). 9 February 2022. Retrieved 20 August 2022.
- ^ "Banks that cooperate with Mastercard". Mastercard. 2021.
- ^ "Banks-partners of Visa Int". Visa International. 2021.
- ^ "Partners of the Ukrainian Interbank Association of Payment System Members". Ukrainian Interbank Association of Payment Systems Members. 2021.
- ^ "Agents of the Western Union". Western Union. 2021.
- ^ "Register of members of the Ukrainian Stock Traders Association". Ukrainian Stock Traders Association. 2021.
- ^ "List of members of the Professional Association of Market Capital and Derivatives". Professional Association of Capital Markets and Derivatives. 2021.
- ^ "Settlement Center". "Settlement Center" PJSC. 2021.
- ^ "List of Depository Institutions". National Depository of Ukraine. 2021.
- ^ "Member banks of NABU". NABU. 2021.
- ^ "Rating history of MYB BANK". Credit Raiting agency. 2021.
- ^ "Рейтингове агентство «Кредит-Рейтинг»: Історія рейтингу позичальника ПАТ «МТБ БАНК»". Archived from the original on 28 October 2020. Retrieved 30 March 2021.
- ^ "General Partners of the International Music Festival Odesa Classics". International Music Festival Odesa Classics. 2021.
- ^ "Sponsors of the Odesa National Academic Opera and Ballet Theatre". Odesa National Academic Opera and Ballet Theatre. 2021.
- ^ "The yacht regatta Black Sea Cup in honor of the Independence Day of Ukraine was held with the support of MTB BANK". Prostobank. 2018.
- ^ "Благотворительный фонд «Корпорация монстров»: Партнеры". Archived from the original on 18 April 2021. Retrieved 30 March 2021.
- ^ "Results of the First National Bank Competition of the Year 2009 according to the Banker magazine". COMInvestBank. 2009.
- ^ "Marfin Bank PJSC". Odesa Sea Port Authority. 2011.
- ^ "Results of the VIII ALL-UKRAINIAN COMPETITION BANK OF THE YEAR – 2016". Banker Club. 2016.